Iconic Restaurant in Polk County Run Semi-Absentee

Semi-absentee-run family restaurant and liquor bar. Long-term employees and managers in place. Great location!
Consistent sales and profits. Seats 158 inside, plus 30 outside. PFS and resume required. A must-see!

Down Payment: $500,000

Cash Flow: $271,084

EBIT: $271,084

EBITDA: $271,084

FFE: $250,000

FFE Included: Yes

Inventory: $7,500

Inventory Included: Yes

Year Established: 1990

Days & Hours of Operation: M-W 6:30-9 TH,FR 6:30-10 Sat 7-10 Sun 7-9

Owner Hours Per Week: 15-20

Managers: 3

Monthly Rent: $7,242

Square Footage: 6000

Reason For Sale:

Retirement

Training & Support:

30 days at no charge and as needed for a smooth transition

Financing/Terms:

$350,000 owner-financing over 84 months @ 7%